IDFC standalone net profit declines 12.50% in the March 2017 quarter

Capital Market April 29, 2017 Last Updated at 13:00 IST

Sales rise 138.84% to Rs 14.45 crore

Net profit of IDFC declined 12.50% to Rs 4.20 crore in the quarter ended March 2017 as against Rs 4.80 crore during the previous quarter ended March 2016. Sales rose 138.84% to Rs 14.45 crore in the quarter ended March 2017 as against Rs 6.05 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 55.75 crore in the year ended March 2017 as against net loss of Rs 1162.14 crore during the previous year ended March 2016. Sales declined 28.96% to Rs 159.22 crore in the year ended March 2017 as against Rs 224.13 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales14.456.05 139 159.22224.13 -29 OPM %67.201.16 -54.58-804.01 - PBDT9.440.07 13386 84.18-1800.28 LP PBT8.13-1.23 LP 78.93-1805.24 LP NP4.204.80 -13 55.75-1162.14 LP

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